Tag: O2Vent

IRVINE, Calif. – Oventus Medical has reported interim financial results for the six months ended Dec. 31, 2021, including $554,000 in revenue. The company, which makes the O2Vent oral device to treat obstructive sleep apnea, also reported cash receipts totaling $497,000, up 20% compared to the same period in 2020. “We are very encouraged by the way the move to direct-to-consumer marketing has resulted in substantial growth of the prospective customer pipeline,” said John Cox, who...

BRISBANE, Australia – Oventus Medical has reapplied to Palmetto GBA, the pricing data analysis and coding contractor (PDAC), for approval of the newly submitted Optima version of its O2Vent oral appliance to treat obstructive sleep apnea. This version of the device is designed specifically for Medicare patients. “In the meantime, this means that O2Vent Optima will not be able to be supplied to Medicare patients in its own right for reimbursement purposes,” the company stated....

BRISBANE, Australia – Oventus Medical says current data indicate that 60% of all patient referrals are coming direct-to-consumer from through two websites: gopapfree.com and o2vent.com. Additionally, the company says the number of telehealth consultations scheduled has increased 25% in the current quarter compared to the previous quarter. “Since Oventus launched its telehealth initiative as a result of COVID-19, the patient funnel has captured more than 2,000 patients,” the company...

BRISBANE, Australia – Oventus Medical has signed on its first member of VGM & Associates: InHome Oxygen and Medical Equipment in Pennsylvania. Per the agreement, InHome Oxygen will offer O2Vent therapy as a treatment alternative to patients who find CPAP therapy challenging. “We definitely see a need to provide alternative treatment for the many patients that refuse or struggle with PAP therapies,” said Robert Campitelli, president and...

BRISBANE, Australia - Oventus Medical has signed agreements with two new sleep groups, Tri Hospital Sleep and Ontario Sleep Care, both in Canada. Under these agreements Oventus O2Vent devices will be offered to patients at nine sites. “These businesses have been delivering high quality respiratory care for many years, even decades,” said Dr. Chris Hart, founder and CEO. “Oventus is proud that such well-respected sleep groups in North America have chosen to strengthen their existing...